SCIENCE & TECHNOLOGY Percentage of respondents who were unemployed job seekers in 2013: 14.9 Percentage of respondents who are female: 51.2 Most respondents’ highest degree was in general chemistry or biochemistry. Physical chemistry 2% Inorganic chemistry 2% Organic chemistry 3% Chemical education 3% Analytical chemistry 3% Chemical engineering 8% Median 2013 starting salary for inexperienced grads: $39,560 Othera 6% for bachelor’s $55,000 General chemistry 43% for master’s $75,750 Biochemistry 31% for Ph.D.s Respondents = 2,035 NOTE: Of the respondents who indicated both their highest degree earned and their field of highest degree, 85% earned new bachelor’s degrees, 5% earned master’s degrees, and 9% earned Ph.D.s. a Includes respondents who selected agricultural/food chemistry, environmental chemistry, forensic chemistry, materials science, medical/pharmaceutical chemistry, or polymer chemistry as field of highest degree, as well as those who opted not to select a field. NOTE: For some respondent groups, the number of responses was small and not necessarily representative of the wider pool of chemistry graduates in a given group. Median age of 2013 survey takers: 23 27 29 for bachelor’s STARTING SALARIES ACS survey of 2013 graduates finds HIGHER UNEMPLOYMENT RATE, little change in entry-level salaries for those finding work SUSAN R. MORRISSEY, C&EN WASHINGTON for master’s for Ph.D.s of 17.8%. The respondents can be divided into several categories—degree or experience level, for instance, or field of study, gender, or type of employment. For some of these groups, the number of responses was small and not necessarily representative of the wider pool of chemistry graduates in a given group. STUDENTS WHO COMPLETED their fields. The survey, which was sent to 11,454 RESPONDING GRADUATES’ field of studies and tried to enter the workforce in recent graduates in October 2013, is constudy varied by degree earned. For bach2013 experienced a very high unemployducted annually by Gareth S. Edwards of elor’s degree recipients, nearly half earned ment rate of 14.9%—up from 12.6% in the ACS Department of Research & Brand a degree in general chemistry, a third in 2012, and more than four times the 3.5% Strategy under the guidance of the ACS biochemistry, and almost 8% in chemical unemployment rate experienced by all Committee on Economic & Professional engineering. At the master’s level, the top ACS-member chemists in March 2013. The Affairs. A total of 2,035 usable responses three degree areas were general chemistry jump in unemployment is primarily driven were received for an overall response rate (24.8%), biochemistry (16.5%), and analytiby a large number of bachelor’s degree cal chemistry (11.9%). The top areas earners who were unable to find jobs. for new Ph.D.s were organic chemistry WHERE THE JOBS ARE At the same time, the percentage (18.5%), analytical chemistry (16.8%), More respondents found employment of newly minted graduates who found and chemical engineering and bioin academia than in other sectors full-time positions was up nearly three chemistry (both 13.6%). points from the prior year to 29.0%. Of the responding bachelor’s degree B.A./B.S. M.S. PH.D. The median starting salary for inexperecipients, 36.6% reported finding fullAcademia 37% 44% 47% rienced individuals finding full-time time positions. Those earning master’s Chemical industry 30 35 24 jobs remained flat in current dollars at degrees and Ph.D.s had more success, Other nonmanufacturing 25 12 21 Government 7 9 8 $41,600. with 48.1% and 46.1%, respectively, of Self-employed 2 0 1 These are some of the key findings respondents saying they had obtained of the American Chemical Society’s a full-time job. On the other side of the NOTE: Percentages are for all responding 2013 graduates with full- or part-time employment. Numbers may not sum to 100% because of survey of individuals who graduated coin, 15.8% of bachelor’s degree earnrounding. Table contains some data derived from sample sizes too during the 2013 academic year with ers, 16.0% of master’s degree earners, small to generalize. degrees in chemistry and related and 6.1% of Ph.D. recipients were seek- The jump in unemployment is primarily driven by a large number of bachelor’s degree earners who were unable to find jobs. CEN.ACS.ORG 28 JUNE 2, 2014 EMPLOYMENT STATUS ing, but unable to find, employment. This unemployment rate is up from 2012 levels for bachelor’s and master’s degree earners but down slightly from 2012 for Ph.D. recipients (C&EN, April 22, 2013, page 47). Most of those who did find jobs ended up working in industry. Some 55.2% of bachelor’s degree, 46.9% of master’s degree, and 45.0% of Ph.D. recipients reported finding full- or part-time work in industry. Academia provided jobs for 36.6% of bachelor’s, 44.4% of master’s, and 46.7% of Ph.D.s. Finding government jobs were 6.6% of bachelor’s degree recipients, 8.6% of master’s degree recipients, and 7.7% of Ph.D.s. Nearly half of Ph.D. and master’s degree earners and slighly more than one-third of bachelor’s grads were employed full-time last year MORE ONLINE 2005 BACHELOR’S Full-time Permanent Temporary Part-time Permanent Temporary Graduate/ professional school Not employed Seeking Not seeking 40% 31 9 4 1 3 44 To view an interactive graphic comprising these data, visit http://cenm.ag/salsurvey. 2006 2007 42% 34 9 4 1 4 44 43% 33 10 7 1 5 40 2008 40% 31 9 5 1 4 41 2009 2010 2011 2012 2013 32% 23 9 7 2 5 46 33% 24 9 6 2 5 46 33% 23 10 8 2 6 41 34% 24 10 9 2 7 39 37% 27 10 9 2 7 35 12 8 4 10 6 4 11 8 3 14 10 4 15 12 3 15 12 4 17 14 4 18 13 4 20 16 4 50 45 5 9 2 8 30 52 44 8 5 0 4 34 54 48 7 6 1 4 34 49 41 7 6 1 5 35 43 38 5 8 5 3 30 47 37 10 7 4 4 31 48 38 10 7 3 4 22 50 44 6 7 2 4 32 48 40 9 13 1 12 20 11 8 3 9 6 4 6 3 3 10 7 3 18 15 3 15 11 4 23 18 5 11 10 2 19 16 3 44 39 5 2 0 2 45 9 6 3 41 37 4 2 1 1 49 8 6 2 50 46 3 2 1 2 41 7 5 2 53 51 3 2 1 2 37 7 4 3 45 40 5 3 0 3 44 9 7 2 44 38 7 2 0 1 45 9 6 3 38 33 5 4 0 4 47 12 9 3 46 41 6 5 1 4 41 8 8 1 46 42 4 6 1 6 42 6 6 0 FOR NEWLY MINTED and employed graduates with less than 12 months of experience, the median starting salary was down from 2012 for earners of bachelor’s degrees and Ph.D.s. Specifically for 2013 graduates with bachelor’s, the median salary was $39,560 in 2013, down slightly from $40,000 in 2012. For Ph.D.s, the median salary was $75,750, down from $80,000 in 2012. But the situation was different for master’s degree earners. The median starting salary for inexperienced graduates in this group was $55,000, up from $48,000 in 2012. Those holding chemical engineering degrees reported higher pay. The median 2013 starting salary of Ph.D. chemical engineers was $90,500 as compared with the $66,000 salary reported by Ph.D. chemists. And for those who earned a bachelor’s degree, the median salary was $66,700 for chemical engineers, almost twice the $35,900 earned by chemists in this group. There were insufficient data for chemical engineers earning master’s degrees. Median starting salaries also varied depending on sector. For all bachelor’s degree respondents with less than 12 months of experience who took a job in the academic sector, the median salary in 2013 was $34,000. This figure is down $2,000 from the previous year. For those who took a job in industry, the median salary was $40,000, the same as it was in 2012. But for those who ended up with jobs in the government, median salaries were up by $1,500 from 2012 to $40,000 in 2013. Still, for full-time employed graduates with less than 12 months of experience, the 2013 survey shows that the gender pay gap is narrowing. The median starting salary for men in this category was $44,000; it was $40,000 for their female counterparts. This $4,000 gender gap is down from $6,000 in 2012 and $8,000 in 2011. MASTER’S Full-time Permanent Temporary Part-time Permanent Temporary Graduate/ professional school Not employed Seeking Not seeking PH.D. Full-time Permanent Temporary Part-time Permanent Temporary Postdoc Not employed Seeking Not seeking NOTE: Employment status of all respondents as of October each year. Respondents listed by highest degree received. Numbers may not sum to subtotals or total 100% because of rounding. Table contains some data derived from sample sizes too small to generalize. STARTING SALARIES OF INEXPERIENCED GRADS Constant-dollar salaries for M.S. degree earners grew in 2013 but declined for Ph.D. and bachelor’s degree earners $ THOUSANDS B.A./B.S. CURRENT CONSTANT 2005 2006 2007 2008 2009 2010 2011 2012 2013 $37.0 38.0 40.2 40.0 38.0 40.0 40.0 40.0 39.6 $37.0 36.8 37.9 36.3 34.6 35.8 34.7 34.0 33.2 CURRENT $52.0 48.8 52.0 52.0 60.0 45.0 46.7 48.0 55.0 M.S. CONSTANT $52.0 47.3 49.0 47.2 54.6 40.3 40.6 40.8 46.1 PH.D. CURRENT CONSTANT $75.0 66.5 77.0 80.0 76.3 75.0 85.0 80.0 75.8 $75.0 64.4 72.5 72.6 69.4 67.2 73.8 68.1 63.5 NOTE: Median annual salaries of responding new graduates with full-time permanent employment and less than 12 months of technical work experience prior to graduation. Current dollars are 2005 dollars and are calculated using the Consumer Price Index. CEN.ACS.ORG 29 JUNE 2, 2014 SCIENCE & TECHNOLOGY CHEMISTS VS. CHEMICAL ENGINEERS In general, survey respondents who reported taking a full-time position said they were satisfied, although the degree of job satisfaction varied with advanced degree level. For example, when it comes to feeling professionally challenged by their position, only 69.2% of bachelor’s degree recipients indicated they were, whereas 80.3% of master’s degree holders and 87.6% of Ph.D.s said the same. Similarly, when it comes to feeling like their education relates to the field they work in, 74.8% of bachelor’s degree earners agreed, compared with 86.6% of master’s earners and 93.5% of Ph.D. holders. And when asked if their training and education is commensurate with their job, 70.5% of bachelor’s degree earners and 78.0% of master’s earners agreed, as compared with 90.6% of Ph.D. holders. More than half of Ph.D. earners—58.0%—said that the position they accepted is what they expected to be doing when they began their doctoral studies. Chemical engineering grads were more likely to go into industry and were better paid than chemists B.A./B.S. CHEMISTS M.S. CHEMICAL ENGINEERS CHEMISTS PH.D. CHEMICAL ENGINEERS CHEMISTS CHEMICAL ENGINEERS BY EMPLOYMENT Full-time Part-time Further study Unemployed Seeking Not seeking 34% 9 37 20 16 4 66% 2 13 19 19 0 48% 13 19 20 17 3 46% 18 27 9 9 0 45% 6 41 7 7 0 52% 4 44 0 0 0 BY EMPLOYER Academia Industry Government Self-employed 39 53 7 2 16 82 2 0 46 46 8 0 38 50 13 0 49 43 8 0 35 57 4 4 BY GENDER Women 54 38 48 50 45 32 2 2 13 30 23 24 $52.5 $78.0 $66.0 $90.5 BY CITIZENSHIP Temporary visas SALARIES ($ thousands) Full-time permanent $35.9 $66.7 NOTE: Median salary data for all responding 2013 graduates regardless of experience. Numbers may not sum to subtotals or total 100% because of rounding. Table contains some data derived from sample sizes too small to generalize. LANDING A JOB remained challenging in 2013, and respondents continued to look to a mix of sources for help finding openings. BACHELOR’S More than a quarter of all respondents SALARIES BY said electronic media was the most effective job search method. The most popular EMPLOYER SIZE electronic job search methods included Median pay scaled with size of firm Internet searches, employee websites, and MEDIAN SALARY job-posting sites such as Monster.com, ($ THOUSANDS) SIZE OF EMPLOYER CareerBuilder, Indeed.com, LinkedIn, and Fewer than 50 employees $31.1 50–99 32.9 CraigsList. Other common job-finding 100–499 36.0 methods included faculty adviser help, in500–2,499 40.0 formal channels, and placement services. 2,500–9,999 45.0 But not all survey respondents opted 10,000–24,999 41.0 to join the workforce. Slightly more than 25,000 or more 49.0 a third of them opted to pursue advanced NOTE: Median salaries of responding 2013 bachelor’s studies or postdoctoral positions. For newly degree graduates with full-time permanent employment. minted Ph.D.s, 41.7% indicated they were taking a postdoc position. This is roughly flat from 2012. SALARIES BY Of respondents graduatPRIMARY WORK FUNCTION ing with bachelor’s degrees, Salaries for women were higher than those for 35.1% opted to continue their studies. More than 35% of this men in some job areas group reported pursuing ad$ THOUSANDS MEN WOMEN ALL vanced studies in chemistry, Development/design $60.0 $63.0 $62.0 while 25.8% were going on Management 45.0 34.5 45.0 Professional services 60.0 51.0 56.0 to study medicine and 10.3% Research 43.8 41.5 42.0 pharmacy or pharmacology. Production/quality control 37.2 40.5 40.0 Of the survey respondents Teaching 44.5 38.0 40.0 who received a master’s deOther 35.0 37.0 36.0 gree, 19.8% were pursuing adALL $45.0 $40.8 $43.0 vanced studies, with 61.9% of NOTE: Median salaries for responding 2013 bachelor’s degree graduates this group continuing on with with full-time permanent employment. chemistry studies. ◾ CEN.ACS.ORG 30 JUNE 2, 2014 ADVANCED STUDIES BY TOPIC Most chemically trained bachelor’s grads continued studies in a field other than chemistry FIELD OF FURTHER STUDY Chemistry Other sciences Pharmacology Biochemistry Life sciences Other/math Engineering Chemical/biochemical Other Health Medicine Dentistry Othera B.A./B.S. 35% 27 10 10 4 3 4 3 1 30 26 5 4 NOTE: Percentages are of respondents who were continuing advanced studies full-time after earning a bachelor’s degree in a chemical field in 2013. Numbers may not sum to subtotals or total 100% because of rounding. a Includes business management, education, and law.
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